Category Archives: Regulatory Updates

COMMENCEMENT OF END-TO-END (E2E) TEST FOR MIGRATION OF NORTHBOUND (NB) BROKER-TO-CLIENT ASSIGNED NUMBER (BCAN) FILE SUBMISSION AND DOWNLOAD FUNCTIONS TO ELECTRONIC COMMUNICATION PLATFORM (ECP)

The Exchange is arranging an End-to-End (E2E) test for the migration of Northbound Broker-to-Client Assigned [...]

Circular to Licensed Corporations and Associated Entities – Anti-Money Laundering / Counter-Financing of Terrorism (1) FATF Statement on High-Risk Jurisdictions subject to a Call for Action (2) FATF Statement on Jurisdictions under Increased Monitoring (3) Outcomes from the FATF Plenary, 22-24 February 2023

FATF Statement on High-Risk Jurisdictions subject to a Call for Action The Financial Action Task [...]

Joint consultation on changes to the OTC derivative Clearing Rules

The Hong Kong Monetary Authority (HKMA) and Securities and Futures Commission (SFC) have launched a [...]

United Nations Sanctions (Somalia) Regulation 2019 (Amendment) Regulation 2023

This regulation amends the United Nations Sanctions (Somalia) Regulation 2019 (Chapter 537, subsidiary legislation CG) [...]

SFC issues quarterly report

The latest Quarterly Report published by the Securities and Futures Commission (SFC) provides an overview [...]

Revision of Liquidity Risk Multiplier in Initial Margin calculation

OTC Clear has recently drawn up its updated Liquidity Risk Multiplier following an intensive review [...]

Balanced and effective AML/CFT measures in private banking

The Hong Kong Monetary Authority (HKMA) has been working alongside the banking sector to adopt [...]

Circular to Licensed Corporations Updated Frequently Asked Questions (FAQs) on OTC Derivatives Clearing Requirement

The Securities and Futures Commission (SFC) and the Hong Kong Monetary Authority (HKMA) have jointly [...]

Amendments to the Rules of the Exchange (the “Rules”)

Holders of Stock Exchange Trading Rights and Exchange Participants are advised to note that the [...]

Circular to Intermediaries Arrangements for the launch of the Hong Kong Investor Identification Regime

Relevant Regulated Intermediaries (RRIs)are reminded that the HKIDR will be launched on 20 March 2023. RRIs [...]